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F I S C A L I M P A C T R E P O R T
SPONSOR Maestas
ORIGINAL DATE
LAST UPDATED
01/28/08 HB 457
SHORT TITLE UNM Center for Regional Studies
SB
ANALYST Escudero
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$1,890.7
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 457 appropriates $1,890.7 from the General Fund to the Board of Regents
of University of New Mexico (UNM) for expenditure in FY09 for the Center for Regional
Studies (CRS).
FISCAL IMPLICATIONS
The appropriation of $1,890.7 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of FY09 shall revert to the
general fund.
A request for the UNM Center for Southwest Research, which includes CRS, was submitted to
the New Mexico Higher Education Department for review. The Departments funding
recommendation for FY09 is a continuance of FY08 recurring funding in the amount $1,905.6.
The HED’s evaluation table of FY09 Research and Public Service Projects provided to the LFC
classifies this project as a “would not oppose if funding available" project. Reasons for this
classification decision are not provided. (LFC Report 07-20, Higher Education Department
Review of Selected Research and Public Service Projects, January 12, 2008, Table 4, p76.)